24 | Coast Kids GC

You just have to look around on Gold Coast and see the mansions, the boats, the cars and new developments to make you dream of living or continuing to live this lifestyle, especially in to retirement.

Parents are slowly learning to protect their biggest asset, their ability to earn an income, but the thought of planning their finances any further than paying the bills may not seem as important yet. Most people spend more time planning a holiday and having a social life than they do worrying about what will happen when their working life comes to an end.

Insurance offers a financial buffer should something unexpected happen , but planning should not end there.

According to Australian stats, 80% of people will rely on for the aged pension when they retire – just $27,482 per couple per annum.

Around 80% of Australians get to age 65 with less than $100,000 in assets outside their family home. Only 10% of people get to age 65 with more than $500,000 – what would be considered the bare minimum for a decent retirement. And almost 90% of people aren’t achieving that.

Not much for a lifetime of work!

Says Janet Culpitt, Business Manager at Arrow: “Life doesn’t stop when you retire – it continues for

many years after, an average 30 to 40 years. Now you’d better have some assets built up and they’d better be growth assets, because 30 to 40 years is a long time to be poor!”

Janet knows first-hand how the family are affected when the unexpected happens. Her father died suddenly aged only 49. Thankfully, he had a good retirement plan underway, a share portfolio, managed investments, and insurance. The combination of these greatly eased the financial burden on Janet’s mother who was left to raise both her and her younger brother, from ages 12 and 10. Without this, she would have not been able to continue the lifestyle they had planned or even purchase a home. Social Security would not have supported them let alone help with education fees.

“Dad left me with so many great memories and the knowledge that he truly loved and cared about us because he chose to plan ahead while he was young,” says Janet. “Unfortunately he could not enjoy the results of his planning but I am sure he rests in peace knowing he did his job well by providing for mum and us. It is now my passion to continue his legacy by sharing my experiences even if it means scaring people into action. It is just that important.”

Janet adds that her mum is still receiving income from those same investments today, some 40 years on.

If you want to be in the 10% who achieve wealth

to maintain your family’s dreams, don’t miss free

Pathway to Wealth™ consultations with Arrow, Gold

Coast based Financial and Insurance Consultants.

•It’sfree

•It’sinformationpacked,buteasytounderstand

•Itcouldbejustwhatyouarelookingfor

You will learn how to put together a plan that is right

for you and your individual circumstances and goals.

You should enquire if•Youarecommittedtoachievingfinancialsuccess

•Youareahomeownerwhohasbuiltupsome

equity, but not quite sure what to do next

•Youhavethepotentialtosave$150+perweek

•Youareagedbetween28and50and/oryou

have more than 10 years until retirement

•Youwanttogetstartedonyourownpathwayto

financial success.

Steve or Janet Culpitt of Arrow will be happy to take

your enquiry. Tel: 5530 3500 or 1800 731 328 or

email them on info@arrowinsurance.com.au

More at www.arrowinsurance.com.au

Finance

seeking everyday people who want to be millionaires

Arrow Insurance Consultant Services Pty Ltd ABN 61 982 105 983 is a Corporate Authorised

Representative of GPS Wealth Limited ABN 17 005 482 726 / AFSL 254 544

97 Noosa Drive, Noosa Heads Qld 4567www.gpswealth.com.au

A personalised approach to help you understand and create a successful financial future for you, your family and/or your business.

Phone 1800 731 328 www.arrowinsurance.com.au

steve and Janet Culpitt of arrow are looking for people who want to secure their lifestyles. there is no suCh thing as get rich quick plan, but if you want simple, effective and practical strategies for achieving financial suCcess, the Pathway to wealth™ model is a must to enquire about.